Demand for government debt shows UK still a haven for investors

Demand for government debt shows UK still a haven for investors

UK bonds 10 times oversubscribed in auction considered first big test of Labour’s reputation with foreign investors

The UK remains among the world’s most attractive destinations for investors seeking a haven after an auction of government bonds was more than 10 times oversubscribed.

Matching a previous record set in June and illustrating the stability of the government’s finances, Britain attracted £110bn of bids on bonds worth £8bn.

Continue reading…

Please follow and like us:
Pin Share